E-Rickshaw Sales February 2026: 42,101 Units, YC Electric Tops a Fragmented Market
Every e-rickshaw registered in India in February 2026, brand by brand: volumes, market share inside the segment, month-on-month and year-on-year change, and who gained or lost share.
How February went
India registered 42,101 e-rickshaws in February 2026, +8.7% on February 2025 and −19.2% on January.
Across the 2 completed months of 2026 to February, 94,189 e-rickshaws have been registered, +13.1% on the same months of 2025.
Monthly e-rickshaw registrations, 2024–2026
One line per calendar year. A month still filling is left off the line.
E-Rickshaw market share, February 2026
YC Electric led the month with 1,467 registrations — 3.5% of the e-rickshaw market — ahead of Zeniak Innovation India on 1,420 (3.4%), a gap of 47 units. That is a change at the top: Zeniak Innovation India led January.
Hooghly Motors has gained the most share against February 2025, +2.15pp to 3.0%; YC Electric has lost the most, −5.22pp to 3.5%.
The top three hold 9.9% of the segment; 507 manufacturers registered at least one e-rickshaw.
Top 10 e-rickshaw makers, February 2026
E-rickshaw registrations only — every other vehicle type these companies make is excluded.
Share is of every e-rickshaw registered in the month. MoM and YoY compare each maker's own volume; the last column is its change in share of the segment.
| # | Manufacturer | Feb 2026 | Share | MoM | YoY | Share vs Feb 2025 |
|---|---|---|---|---|---|---|
| 1 | YC Electric | 1,467 | 3.5% | −25.3% | −56.5% | −5.22pp |
| 2 | Zeniak Innovation India | 1,420 | 3.4% | −41.4% | +111.9% | +1.64pp |
| 3 | Hooghly Motors | 1,265 | 3.0% | −25.4% | +283.3% | +2.15pp |
| 4 | Dilli Electric | 1,233 | 2.9% | −22.4% | −25.0% | −1.32pp |
| 5 | Aahana Commerce | 1,071 | 2.5% | −22.3% | +178.2% | +1.55pp |
| 6 | Saera Electric | 1,069 | 2.5% | −8.1% | −48.2% | −2.79pp |
| 7 | J. S. Auto | 1,015 | 2.4% | −1.2% | +25.3% | +0.32pp |
| 8 | Fede Industries | 823 | 2.0% | −30.5% | +362.4% | +1.50pp |
| 9 | Energy Electric Vehicles | 818 | 1.9% | −7.8% | −4.2% | −0.26pp |
| 10 | Mini Metro EV | 756 | 1.8% | −14.9% | −17.0% | −0.56pp |
| 11 | Jajodia Commodities | 735 | 1.7% | −35.1% | +269.3% | +1.23pp |
| 12 | Terra Motors India | 629 | 1.5% | −40.1% | +7.9% | −0.01pp |
| 13 | Hotage India | 601 | 1.4% | −6.5% | −14.3% | −0.38pp |
| 14 | Move Stone Services | 594 | 1.4% | −23.1% | +127.6% | +0.74pp |
| 15 | Sks Trade India | 548 | 1.3% | −11.5% | −20.5% | −0.48pp |
| All others (492 makers) | 28,057 | 66.6% |
Exact: Vahan's maker x month table filtered to battery-electric fuels (PURE EV, ELECTRIC(BOV)) and the segment's vehicle classes — not a company total multiplied by anything.
Who is gaining
Monthly share of the e-rickshaw market for the six largest makers this month, over the last 15 completed months.
E-Rickshaw market share by month
Share of the segment each month, in per cent.
Market share, 2026 to February
The same table over 2026 to February, set against the same months of 2025.
| # | Manufacturer | Units | Share | vs 2025 | Volume YoY |
|---|---|---|---|---|---|
| 1 | Zeniak Innovation India | 3,842 | 4.08% | +2.30pp | +158.9% |
| 2 | YC Electric | 3,430 | 3.64% | −5.04pp | −52.6% |
| 3 | Hooghly Motors | 2,961 | 3.14% | +2.29pp | +317.6% |
| 4 | Dilli Electric | 2,821 | 3.00% | −1.17pp | −18.6% |
| 5 | Aahana Commerce | 2,449 | 2.60% | +1.67pp | +215.6% |
| 6 | Saera Electric | 2,232 | 2.37% | −2.83pp | −48.5% |
| 7 | J. S. Auto | 2,042 | 2.17% | +0.09pp | +17.8% |
| 8 | Fede Industries | 2,008 | 2.13% | +1.63pp | +375.8% |
| 9 | Jajodia Commodities | 1,867 | 1.98% | +1.47pp | +341.4% |
| 10 | Energy Electric Vehicles | 1,705 | 1.81% | −0.42pp | −8.3% |
| 11 | Terra Motors India | 1,679 | 1.78% | +0.32pp | +37.8% |
| 12 | Mini Metro EV | 1,644 | 1.75% | −0.57pp | −14.8% |
| 13 | Big Bull Trader | 1,426 | 1.51% | +0.72pp | +116.1% |
| 14 | Move Stone Services | 1,366 | 1.45% | +0.85pp | +173.7% |
| 15 | Vani Electric Vehicles | 1,254 | 1.33% | +0.24pp | +37.8% |
Frequently asked questions
How many e-rickshaws were sold in India in February 2026?
Which company sold the most e-rickshaws in February 2026?
What is the e-rickshaw market share of each brand?
How are these numbers measured?
E-Rickshaw sales, earlier months
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
